Public Notice for the Proposed Formulas Used to Allocate Revenue Among Community School Districts an

Please find amended public notice for the Proposed Formulas Used to Allocate Revenue Among Community School Districts and Schools that is to be considered at the May 17, 2017 Panel for Educational Policy meeting, which will take place at M.S. 131 (100 Hester St. Manhattan, NY 10002). To view the public notice and to link to the proposed formulas, either scroll down or connect via the link listed in the notice text included in this email.

formulas used to allocate revenue among community school districts and schools

I. Description of the subject and purpose of the proposed item under consideration.

Pursuant to Education Law section 2590-r, the Chancellor must develop objective formulas for use in allocating revenue among community school districts and schools. The Department of Education (“DOE” or “the Department”) has developed formulas setting forth the baseline and special categorical weighted Fair Student Funding multipliers (the “FSF Formula Weights” or “formulas”) to allocate tax levy dollars to schools. The DOE uses these formulas, together with an estimate of the total sum of money available to the Department, to provide community school districts and schools with budget allocations for use in the school-based budgeting process set forth in Chancellor’s Regulation B-801.

On March 3, 2017, the DOE issued proposed formulas for the 2017-2018 school year. In them, the DOE proposed to maintain the formula weights used in the 2016-2017 school year. The DOE continues to propose that the weights from the 2016-2017 school year are maintained. The posting has been amended to bring the formulas to the Panel for Educational Policy for vote at the May 17, 2017 meeting. No other changes have been made.

II. Information regarding where the full text of the proposed item may be obtained.

For more information, please see the proposed FSF Formula Weights, available at:

http://schools.nyc.gov/AboutUs/leadership/PEP/publicnotice/2016-2017/May172017BudgetAllocations

III. Submission of public comment.

Comments may be delivered by e-mail to BudgetPublicComments@schools.nyc.gov, by phone to (212) 374-6754, or by mail to the address set forth below.

IV. The name, office, address, email and telephone number of the city district representative, knowledgeable on the item under consideration, from whom information may be obtained concerning the item.

Name: Karma Wilson

Office: Division of Finance

Address: 52 Chambers Street, Room 319

New York, NY 10007

Email: BudgetPublicComments@schools.nyc.gov

Phone: 212-374-6754

V. Date, time and place of the PEP meeting(s) at which the Panel will vote on the proposed item.

May 17, 2017

6:00 pm – 8:00 pm

MS/IS 131

100 Hester Street

New York, NY 10002


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